REVENUE (Tables)

12 Months Ended

Dec. 31, 2019

REVENUE

Schedule of disaggregation of revenue by major source and geographic region

					Corporate/
Year Ended December 31, 2019	LoyaltyOne		Card Services		Other		Total
	(in millions)
Disaggregation of Revenue by Major Source:
Coalition loyalty program	$	290.1	$	—	$	—	$	290.1
Short-term loyalty programs		635.5		—		—		635.5
Servicing fees, net		—		(180.7)		—		(180.7)
Other		94.9		—		0.4		95.3
Revenue from contracts with customers	$	1,020.5	$	(180.7)	$	0.4	$	840.2
Finance charges, net		—		4,728.5		—		4,728.5
Investment income		12.6		—		—		12.6
Total	$	1,033.1	$	4,547.8	$	0.4	$	5,581.3

					Corporate/
Year Ended December 31, 2018	LoyaltyOne		Card Services		Other		Total
	(in millions)
Disaggregation of Revenue by Major Source:
Coalition loyalty program	$	352.3	$	—	$	—	$	352.3
Short-term loyalty programs		613.8		—		—		613.8
Servicing fees, net		—		(97.3)		—		(97.3)
Other		90.7		—		0.6		91.3
Revenue from contracts with customers	$	1,056.8	$	(97.3)	$	0.6	$	960.1
Finance charges, net		—		4,694.9		—		4,694.9
Investment income		11.6		—		—		11.6
Total	$	1,068.4	$	4,597.6	$	0.6	$	5,666.6

					Corporate/
Year Ended December 31, 2019	LoyaltyOne		Card Services		Other		Total
	(in millions)
Disaggregation of Revenue by Geographic Region:
United States	$	40.1	$	4,547.8	$	0.4	$	4,588.3
Canada		352.2		—		—		352.2
Europe, Middle East and Africa		449.1		—		—		449.1
Asia Pacific		121.7		—		—		121.7
Other		70.0		—		—		70.0
Total	$	1,033.1	$	4,547.8	$	0.4	$	5,581.3

					Corporate/
Year Ended December 31, 2018	LoyaltyOne		Card Services		Other		Total
	(in millions)
Disaggregation of Revenue by Geographic Region:
United States	$	23.1	$	4,597.6	$	0.6	$	4,621.3
Canada		411.3		—		—		411.3
Europe, Middle East and Africa		463.2		—		—		463.2
Asia Pacific		122.0		—		—		122.0
Other		48.8		—		—		48.8
Total	$	1,068.4	$	4,597.6	$	0.6	$	5,666.6

Schedule of reconciliation of contract liabilities for the AIR MILES Reward Program

	Deferred Revenue
	Service		Redemption		Total
	(in millions)
Balance at January 1, 2018	$	283.8	$	683.1	$	966.9
Cash proceeds		194.7		324.8		519.5
Revenue recognized (1)		(209.2)		(328.4)		(537.6)
Other		—		0.7		0.7
Effects of foreign currency translation		(21.3)		(52.9)		(74.2)
Balance at December 31, 2018		248.0		627.3		875.3
Cash proceeds		192.0		313.3		505.3
Revenue recognized (1)		(193.7)		(309.2)		(502.9)
Other		—		0.6		0.6
Effects of foreign currency translation		12.3		31.4		43.7
Balance at December 31, 2019	$	258.6	$	663.4	$	922.0
Amounts recognized in the consolidated balance sheets:
Deferred revenue (current)	$	144.5	$	663.4	$	807.9
Deferred revenue (non-current)	$	114.1	$	—	$	114.1

(1) Reported on a gross basis herein.